AI Fraud

Auto Lenders Face Emerging Threat From AI-Powered Fraud Tools
Auto Lenders Face Emerging Threat From AI-Powered Fraud Tools
March 25, 2025  |  Fraud Attack

Auto lenders face an emerging threat from artificial intelligence (AI)-powered fraud tools, according to Point Predictive. The “explosive growth” of these tools may impact lenders...

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A Matter of Trust: How AI Is Reshaping Risk Assessment
A Matter of Trust: How AI Is Reshaping Risk Assessment
March 19, 2025  |  artificial intelligence

Financial services institutions have long relied on machine learning for risk management, but the threat landscape has grown exponentially in the age of generative artificial...

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Scammers Tap Social Media Selfies and GenAI to Fuel Fraud
Scammers Tap Social Media Selfies and GenAI to Fuel Fraud
March 02, 2025  |  Security & Fraud

The wide availability of selfies on social media has helped fuel artificial intelligence (AI)-powered scams. Speaking to Bloomberg News on Friday (Feb. 28), Center for...

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Bureau Raises $30 Million for Anti-Fraud Campaign With PayPal Ventures’ Help
Bureau Raises $30 Million for Anti-Fraud Campaign With PayPal Ventures’ Help
December 18, 2024  |  Investments

Fraud prevention/compliance platform Bureau has raised $30 million in a Series B round. The new funding round, which included participation by PayPal Ventures, will help Bureau use artificial...

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Discover Global Network: Advanced Analytics Forges Proactive Approach to Battling Fraudsters
Discover Global Network: Advanced Analytics Forges Proactive Approach to Battling Fraudsters
November 14, 2024  |  Fraud Prevention

The fraudsters are getting ever bolder — and attacking businesses and financial institutions (FIs) at scale. Part of their secret to success is their ability...

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India Central Bank Head Warns of AI ‘Opacity’ in Finance
India Central Bank Head Warns of AI ‘Opacity’ in Finance
October 14, 2024  |  artificial intelligence

The head of India’s central bank is warning about AI use in financial services. Reserve Bank of India Governor Shaktikanta Das said Monday (Oct. 14) that...

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State-Level AI Legislation Balloons Amid Rise of Deepfakes
State-Level AI Legislation Balloons Amid Rise of Deepfakes
February 14, 2024  |  artificial intelligence

The rise of AI-powered deepfake technology has reportedly fostered a corresponding boom in state-level legislation. Almost every state legislature now in session across the country...

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How Year 1 of AI Impacted the Financial Fraud Landscape 
How Year 1 of AI Impacted the Financial Fraud Landscape 
December 19, 2023  |  artificial intelligence

The emergence this year of generative artificial intelligence (AI) reshaped the business landscape.   For the most part, it was a good thing. A great thing,...

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